Renasant Balance Sheet Health

Financial Health criteria checks 6/6

Renasant has total assets of $17.3B and total equity of $2.3B. Total deposits are $14.2B, and total loans are $12.3B. It earns a Net Interest Margin of 3.5%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $844.4M.

Key information

7.5x

Asset to equity ratio

3.5%

Net interest margin

Total deposits	US$14.24b
Loan to deposit ratio	Appropriate
Bad loans	0.6%
Allowance for bad loans	Sufficient
Current ratio	Low
Cash & equivalents	US$844.40m

Recent financial health updates

Recent updates

Renasant Non-GAAP EPS of $0.72 beats by $0.08, revenue of $150.73M beats by $5.76M

Jul 26

Renasant's (NASDAQ:RNST) Dividend Will Be US$0.22

Apr 29

Renasant (NASDAQ:RNST) Will Pay A Dividend Of US$0.22

Mar 01

Renasant (NASDAQ:RNST) Has Announced A Dividend Of US$0.22

Feb 15

Renasant (NASDAQ:RNST) Has Affirmed Its Dividend Of US$0.22

Dec 06

Renasant (NASDAQ:RNST) Has Announced A Dividend Of US$0.22

Nov 18

Renasant (NASDAQ:RNST) Has Announced A Dividend Of US$0.22

Sep 13

Renasant (NASDAQ:RNST) Has Announced A Dividend Of US$0.22

Aug 30

Renasant's (NASDAQ:RNST) Dividend Will Be US$0.22

Aug 16

Renasant EPS beats by $0.37, beats on revenue

Apr 27

Here's Why Shareholders Should Examine Renasant Corporation's (NASDAQ:RNST) CEO Compensation Package More Closely

Apr 21

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: RNST's Assets to Equity ratio (7.5x) is low.

Allowance for Bad Loans: RNST has a sufficient allowance for bad loans (271%).

Low Risk Liabilities: 95% of RNST's liabilities are made up of primarily low risk sources of funding.

Loan Level: RNST has an appropriate level of Loans to Assets ratio (71%).

Low Risk Deposits: RNST's Loans to Deposits ratio (86%) is appropriate.

Level of Bad Loans: RNST has an appropriate level of bad loans (0.6%).

Renasant Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Renasant Files Form 25 with SEC

Recent updates

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Renasant (NYSE:RNST) Has Announced A Dividend Of $0.22

Renasant Corporation Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2024

Dividend of US$0.22 announced

Renasant Corporation Declares Quarterly Dividend, Payable on June 28, 2024

Renasant Corporation to Report Q1, 2024 Results on Apr 23, 2024

Renasant Corporation, Annual General Meeting, Apr 23, 2024

Upcoming dividend of US$0.22 per share

Full year 2023 earnings: EPS and revenues miss analyst expectations

Fourth quarter dividend of US$0.22 announced

Renasant Corporation Approves Quarterly Dividend, Payable on March 29, 2024

Full year 2023 earnings: EPS and revenues miss analyst expectations

Renasant Corporation Announces Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2023

Renasant Corporation to Report Q4, 2023 Results on Jan 23, 2024

Price target increased by 8.5% to US$31.14

Renasant (NYSE:RNST) Is Due To Pay A Dividend Of $0.22

Upcoming dividend of US$0.22 per share at 2.9% yield

Renasant (NYSE:RNST) Has Affirmed Its Dividend Of $0.22

Renasant Corporation Approves Quarterly Dividend, Payable on January 1, 2024

Renasant Files Form 25 with SEC

Price target decreased by 7.9% to US$29.00

Third quarter 2023 earnings: EPS exceeds analyst expectations

Renasant Corporation to Report Q3, 2023 Results on Oct 24, 2023

Upcoming dividend of US$0.22 per share at 3.3% yield

Renasant (NASDAQ:RNST) Is Due To Pay A Dividend Of $0.22

Now 21% undervalued

Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22

Renasant Corporation Approves Payment of Quarterly Cash Dividend, Payable on September 29, 2023

Does Renasant (NASDAQ:RNST) Deserve A Spot On Your Watchlist?

Price target increased by 7.5% to US$34.17

Consensus EPS estimates fall by 10%

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Renasant Corporation to Report Q2, 2023 Results on Jul 25, 2023

Upcoming dividend of US$0.22 per share at 2.9% yield

Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

Price target decreased by 7.3% to US$33.64

Renasant Corporation Announces Management Changes

Independent Director recently bought US$78k worth of stock

Renasant (NASDAQ:RNST) Will Pay A Dividend Of $0.22

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 7.4% to US$36.29

Upcoming dividend of US$0.22 per share at 2.6% yield

Full year 2022 earnings: EPS misses analyst expectations

Renasant (NASDAQ:RNST) Has Announced A Dividend Of $0.22

Renasant Corporation Declares Quarterly Dividend, Payable on March 31, 2023

Full year 2022 earnings: EPS misses analyst expectations

Renasant Corporation Reports Net Loan Charge-Offs for the Fourth Quarter Ended Dec. 31, 2022

Renasant Corporation to Report Q4, 2022 Results on Jan 24, 2023

Now 21% undervalued

Renasant (NASDAQ:RNST) Is Paying Out A Dividend Of $0.22

Upcoming dividend of US$0.22 per share

Renasant Corporation Declares Quarterly Dividend, Payable on January 1, 2023

Price target increased to US$39.88

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Renasant Corporation Reports Net Loan Charge-Offs for the Third Quarter Ended September 30, 2022

Renasant Corporation to Report Q3, 2022 Results on Oct 25, 2022

Upcoming dividend of US$0.22 per share

Renasant's (NASDAQ:RNST) Dividend Will Be $0.22

Renasant Corporation Approves Quarterly Cash Dividend, Payable on September 30, 2022

Renasant declares $0.22 dividend

Price target increased to US$36.14

Michael D. Shmerling to Retire from the Board of Directors of Renasant Corporation and Renasant Bank Upon the Expiration of His Term as a Director

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

Renasant Non-GAAP EPS of $0.72 beats by $0.08, revenue of $150.73M beats by $5.76M

Renasant Corporation to Report Q2, 2022 Results on Jul 26, 2022

Upcoming dividend of US$0.22 per share

Price target decreased to US$35.71

Renasant's (NASDAQ:RNST) Dividend Will Be US$0.22

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Renasant Corporation (NasdaqGS:RNST) acquired Southeastern Commercial Finance, LLC.

Renasant Corporation Approves Quarterly Cash Dividend, Payable on June 30, 2022

Renasant Corporation to Report Q1, 2022 Results on Apr 26, 2022

Upcoming dividend of US$0.22 per share

Renasant (NASDAQ:RNST) Will Pay A Dividend Of US$0.22